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股指期货将于今年推出,然而市场上很多投资者可能对该品种还比较陌生。股指期货,即股票指数期货,是以股票指数为标的物的金融期货合约。就如铜期货是以铜现货为标的物的期货合约一样。对股票指数期货而言,它对应的“现货”是股票指数。股票指数的走势以及投资者对走势的预期将决定对应的期货合约的走势。股指期货包括了两个方面的特性:一是股票特性,二是期货特性。投资者在进行操作之前首先要了解基本知识,注意到其与股票的区别。
Stock index futures will be launched this year, but many investors in the market may be unfamiliar with the variety. Stock index futures, that is, stock index futures, is a financial futures contract based on the stock index. Just as copper futures are futures contracts based on copper spot. For stock index futures, its corresponding “spot” is the stock index. The trend of the stock index and investor expectations of the trend will determine the trend of the corresponding futures contracts. Stock index futures include two characteristics: First, stock characteristics, the second is the futures characteristics. Investors must first understand the basics before proceeding, noting their differences from stocks.